SINO-GLOBAL SHIPPING AMERICA, LTD. (NASDAQ:SINO) Files An 8-K Submission of Matters to a Vote of Security HoldersItem 5.07
On March 6, 2018, Sino Global Shipping America, Ltd. (the “Company”) held its annual meeting of shareholders for its fiscal year ended June 30, 2017. Shareholders of an aggregate of 6,958,872 shares of common stock of the Company, constituting a majority of the aggregate number of votes entitled to cast at the meeting are present in person or represented by proxy at the meeting. The final voting results for each matter submitted to a vote of shareholders at the meeting are as follows:
| 1. | Election of Class II Directors |
The following individuals were elected as Class II Directors to serve on the Board of Directors until the 2021 annual meeting of shareholders or until their successors are duly elected and qualified. No broker non-votes are counted.
| Director’s Name | Votes For | Votes Withheld |
| Lei Cao | 3,709,687 | 138,283 |
| Tieliang Liu | 3,413,437 | 434,533 |
| 2. | Ratification of Friedman LLP as Independent Registered Public Accounting Firm |
The shareholders ratified the appointment of Friedman LLP as the Company’s independent registered public accounting firm for the fiscal year ending June 30, 2018. Broker non-votes are counted.
| For | Against | Abstain |
| 6,032,589 | 410,355 | 515,928 |
| 3. | Advisory Vote on Compensation of Named Executive Officers |
The shareholders approved, on an advisory, non-binding basis, the compensation of our named executive officers. No broker non-votes are counted.
| For | Against | Abstain |
| 3,458,796 | 261,794 | 127,380 |
| Item 9.01 | Financial Statements and Exhibits. |
The Company hereby files the employment agreements with each of its executive officers, renewed on September 30, 2017 on the same terms as described in its annual report on Form 10-K filed with the United States Securities and Exchange Commission on September 27, 2017.
Sino-Global Shipping America, Ltd. ExhibitEX-10.1 2 f8k030618ex10-1_sinoglobal.htm EMPLOYMENT AGREEMENT BY AND BETWEEN MR. LEI CAO AND SINO-GLOBAL SHIPPING AMERICA,…To view the full exhibit click here
About SINO-GLOBAL SHIPPING AMERICA, LTD. (NASDAQ:SINO)
Sino-Global Shipping America, Ltd. is a non-asset-based global shipping and freight logistic integrated solution provider. The Company provides solutions and value added services to its customers in the shipping and freight logistic chain sector. The Company’s segments include Shipping Agency and Ship Management Services; Shipping & Chartering Services, and Inland Transportation Management Services. The Company conducts its business primarily through its subsidiaries in China (including Hong Kong), Australia, Canada, and the United States (New York and Los Angeles). The Company provides its shipping agency services in the People’s Republic of China through Sino-Global Shipping Agency Ltd. (Sino-China), which holds the licenses and permits to operate local shipping agency services in the People’s Republic of China. The Company’s inland transportation management services are operated by its subsidiaries in China (including Hong Kong) and the United States. SINO-GLOBAL SHIPPING AMERICA, LTD. (NASDAQ:SINO) Recent Trading Information
SINO-GLOBAL SHIPPING AMERICA, LTD. (NASDAQ:SINO) closed its last trading session down -0.06 at 1.87 with shares trading hands.
